Top Meme Coins Set for Breakout: $DOGS & $NEIRO Lead the Way - CoinPedia Analytics

The cryptocurrency market continues to witness intriguing movements, with two meme coins—DOGS and NEIRO—currently at the forefront of traders' attention.

DOGS is showing a falling channel pattern on the 4-hour chart, yet recent bullish momentum suggests a potential breakout. The coin is hovering near the 50 EMA, and a breakout above the overhead trendline could push DOGS towards the 50% Fibonacci level at $0.001126, increasing its chances of reclaiming the psychological mark of $0.0010. However, caution is advised as the MACD signals hint at a possible bearish crossover, indicating a pullback could be imminent.

On the other hand, NEIRO has surged by nearly 5000% in just three weeks, emerging as a trending altcoin on Ethereum. After a bullish pennant breakout, the coin is currently consolidating near $0.001720, facing resistance at the 100% Fibonacci level. With support at $0.0015, a bullish breakout could drive NEIRO to the next targets of $0.0023 and $0.0033, though traders should watch for potential pullbacks toward $0.0013.